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Buying an Existing Practice Has Its Advantages

What’s next on your horizon? If that horizon includes expansion, you should know that buying an existing practice represents a smart move for several reasons. The right firm at the right price can bring immediate advantages.

Here are just a few:

The hard part is done, especially if you buy a well managed, profitable business. (And that’s what we’re here for.) Starting up is behind you; enjoy the benefits of success.

Immediate cash flow and a financial history already are in place. You’ll know what to expect.

Existing customers, contacts, suppliers, stock…you name it. Not to mention existing goodwill already created by the previous smart owner.

And of course, you’ll get existing employees and the collective experience and knowledge they bring.

And that’s just a start. So, what’s next on your horizon? If expansion is in your future, let us help guide you through the process.

About the Author

Picture of Kathy Brents
Kathy Brents
Kathy is a life-long resident of Central Arkansas, where she received her undergraduate degree in accounting from the University of Central Arkansas. Upon graduation, Kathy worked for CPA firms in the Central Arkansas area prior to starting her own CPA firm in Conway, Arkansas in 1986. While practicing public accounting, Kathy had many opportunities to provide guidance to her clients as they were involved in the purchase and sale of many businesses. Kathy sold her own CPA firm in 2006. In 2004, Kathy began her 2nd career in the field of business brokerage. Kathy is also a Certified Business Intermediary (CBI) and a member of the International Business Brokers Association (IBBA).

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